How to Buy Classic Cars

Jay Leno nearly didn’t buy his McLaren F1, a 627-horsepower hypercar that held the title of world’s fastest production car for more than a decade. It turned out to be a sterling investment. “I was the second owner. It was for sale at McLaren, and it was close to a million dollars new. They were asking $800,000, and I thought, ‘Well, that’s crazy. It should be worth a lot less than that.’ But I came back two weeks later, and I bought it.”

1979 Pontiac Firebird trans am by cricket ground in UK, 2000. (Photo by National Motor Museum/Heritage Images/Getty Images)

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